A new CSIL report highlights major structural changes in Europe’s furniture sector. Although some of the trends have been underway now for at least a decade, recent events have brought about accelerating change.... [mais...]
Drax Group has signed an agreement with Princeton Standard Pellet Corporation (PSPC) to acquire its pellet plant in Princeton, British Columbia, Canada.... [mais...]
Data on export volumes in the first four months of 2022 published by the Ghana Timber Export Development Division (TIDD) show an almost 10% increase to 102,615 cu.m compared to 93,527 cu.m for the same period in 2021.... [mais...]
Export earnings from W&WPs in June 2022 reached US$1.4 billion, down 10.9% compared to June 2021. Of this WP exports reached US$ 936.5 million, down 25% compared to June 2021.... [mais...]
The North American construction framing dimension softwood lumber market has found even footing at this mid-summer 2022. Prices on almost all lumber and panel items remained flat, with some benchmark commodities rising slightly. A big change coming to how lumber futures are traded on the Chicago Mercantile Exchange has many players excited; details of those changes below. ... [mais...]
New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow... [mais...]
The value of China’s furniture exports declined 3% to US$9.468 billion in the first five months of 2022. The USA still is the largest destination but exports fell 3% to US$3.088 billion but still accounted for 33% of total furniture exports.
... [mais...]
The mid-point of the summer is past and usually at this time of year lumber sales soften quite bit, taking prices down as well. This year is not much different, except that most customers do not have excess inventory on hand as they had been holding off any unnecessary buying in the hopes that prices would drop further. ... [mais...]
According to the latest release from the Canadian Mortgage and Housing Corporation (CMHC), the trend in housing starts increased from 252,444 units in May to 258,295 units in June, an increase of 5,851 units.... [mais...]